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Dinner Ready-to-Eat (RTE) Food Market Size
- Report ID: GMI6295
- Published Date: Jul 2023
- Report Format: PDF
Dinner Ready-to-Eat (RTE) Food Market Size
Dinner Ready-to-Eat (RTE) Food Market size was worth over USD 14 billion in 2022 and is expected to grow with a CAGR of 6% during 2023 to 2032.
The fast-paced modern lifestyle has led to an increasing demand for convenient and time-saving food options. According to the data by the U.S. Bureau of Labour Statistics, the employment rate in the U.S. was over 60% in April 2023. With the rising rate of employment across the globe, the individuals have busy schedules and limited time for meal preparation. The availability of RTE foods present a quick and hassle-free solution for dinner. These meals offer the convenience of being pre-cooked and ready to consume, eliminating the need for extensive cooking and preparation time.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Dinner Ready-to-Eat Food Market Size in 2022: | USD 14.2 Billion |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 6% |
| 2032 Value Projection: | USD 25.4 Billion |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 120 |
| Tables, Charts & Figures: | 129 |
| Segments covered: | By Type, By Distribution Channel, By Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Additionally, the rapid urbanization and the growing number of single-person households are boosting the demand for dinner ready-to-eat food products. As more people live in urban areas with limited kitchen space and time constraints, RTE foods become an ideal dinner solution. These meals come in portioned sizes, reducing food wastage and catering to the specific needs of the consumers. The constant efforts by food manufacturers to provide healthier and more diverse RTE options will augment the market growth.
Frequently Asked Questions (FAQ) :
Dinner Ready-to-Eat Food Market Scope
